Cryptocurrency

[JohnDenver]

Absolute moonshot over the weekend. Bitcoin over $40k. $100K incoming. If you're not in you'll miss out.

NOT FINANCIAL ADVICE.

Take my money, quick! 

[Smokin Joe]

As I said on this thread a few months ago, I wouldn't touch anything else right now, but I'm happy that Bitcoin is a great purchase at the current prices (sub $17k) to hold for a couple of years.  I'm happy for this quote to be retrieved in 2 years.
This bear market has shown that there is Bitcoin and "crypto". Bitcoin is not crypto.

It's not rocket science.  As an investment, provide you use just a little bit of common sense it's hard to get much better risk adjusted returns as the boom / bust cycles have been so strong since its inception.

[JohnDenver]

As I said on this thread a few months ago, I wouldn't touch anything else right now, but I'm happy that Bitcoin is a great purchase at the current prices (sub $17k) to hold for a couple of years.  I'm happy for this quote to be retrieved in 2 years.
This bear market has shown that there is Bitcoin and "crypto". Bitcoin is not crypto.

It's not rocket science.  As an investment, provide you use just a little bit of common sense it's hard to get much better risk adjusted returns as the boom / bust cycles have been so strong since its inception.

Do you have a price in your head that is your cashout point?  Or even a partial cashout.

A lot harder in practice to cash out I know, if / when the price continues to rise

[Eamonnca1]

There's a great book called Easy Money - Cryptocurrency, Casino Capitalism, and the Golden Age of Fraud.

Makes me glad I never got involved in it. The whole game is rigged. Try to sell on the exchanges when the price goes up and you suddenly run into "technical difficulties." Try shorting them and the same thing happens when they drop.

Pick undervalued stocks and hang onto them for years. Certificates of Deposit are paying good interest now with the high interest rates. Take your time and build your wealth steadily. Don't get caught up in this get-rich-quick stuff. It's Dutch tulip mania all over again. Crypto currencies have no use, the only reason people are buying them is for speculation. If that's not a bubble I don't know what is.

[Smokin Joe]

As I said on this thread a few months ago, I wouldn't touch anything else right now, but I'm happy that Bitcoin is a great purchase at the current prices (sub $17k) to hold for a couple of years.  I'm happy for this quote to be retrieved in 2 years.
This bear market has shown that there is Bitcoin and "crypto". Bitcoin is not crypto.

It's not rocket science.  As an investment, provide you use just a little bit of common sense it's hard to get much better risk adjusted returns as the boom / bust cycles have been so strong since its inception.

Do you have a price in your head that is your cashout point?  Or even a partial cashout.

A lot harder in practice to cash out I know, if / when the price continues to rise

I sold about 15% when we hit $40k a few days ago

[Mourne Red]

As I said on this thread a few months ago, I wouldn't touch anything else right now, but I'm happy that Bitcoin is a great purchase at the current prices (sub $17k) to hold for a couple of years.  I'm happy for this quote to be retrieved in 2 years.
This bear market has shown that there is Bitcoin and "crypto". Bitcoin is not crypto.

It's not rocket science.  As an investment, provide you use just a little bit of common sense it's hard to get much better risk adjusted returns as the boom / bust cycles have been so strong since its inception.

Do you have a price in your head that is your cashout point?  Or even a partial cashout.

A lot harder in practice to cash out I know, if / when the price continues to rise

I sold about 15% when we hit $40k a few days ago

Would you not have held until the ETFs are approved in January? I'm in Altcoins (BTC a bit rich for me) so have about a years hold before I sell

[Smokin Joe]

As I said on this thread a few months ago, I wouldn't touch anything else right now, but I'm happy that Bitcoin is a great purchase at the current prices (sub $17k) to hold for a couple of years.  I'm happy for this quote to be retrieved in 2 years.
This bear market has shown that there is Bitcoin and "crypto". Bitcoin is not crypto.

It's not rocket science.  As an investment, provide you use just a little bit of common sense it's hard to get much better risk adjusted returns as the boom / bust cycles have been so strong since its inception.

Do you have a price in your head that is your cashout point?  Or even a partial cashout.

A lot harder in practice to cash out I know, if / when the price continues to rise

I sold about 15% when we hit $40k a few days ago

Would you not have held until the ETFs are approved in January? I'm in Altcoins (BTC a bit rich for me) so have about a years hold before I sell

I've kept 85%!
I don't have any alts at all yet, but could see that changing in a few weeks / months as Bitcoin dominance probably gets near a peak for this cycle.

[trailer]

As I said on this thread a few months ago, I wouldn't touch anything else right now, but I'm happy that Bitcoin is a great purchase at the current prices (sub $17k) to hold for a couple of years.  I'm happy for this quote to be retrieved in 2 years.
This bear market has shown that there is Bitcoin and "crypto". Bitcoin is not crypto.

It's not rocket science.  As an investment, provide you use just a little bit of common sense it's hard to get much better risk adjusted returns as the boom / bust cycles have been so strong since its inception.

Do you have a price in your head that is your cashout point?  Or even a partial cashout.

A lot harder in practice to cash out I know, if / when the price continues to rise

I sold about 15% when we hit $40k a few days ago

Would you not have held until the ETFs are approved in January? I'm in Altcoins (BTC a bit rich for me) so have about a years hold before I sell

I've kept 85%!
I don't have any alts at all yet, but could see that changing in a few weeks / months as Bitcoin dominance probably gets near a peak for this cycle.

If Bitcoin holds at this level, then people will pour into those shitcoins. I look for stuff with a low market capitalisation. Look for absolute dung. Get in and Get out.

[Mourne Red]

Gaming and AI coins seem to be the narrative for this coming bullrun - Few have already had some very big rises

[tbrick18]

I must admit, I dont have the first clue about trading in crypto and I'm a million miles behind when it comes to what is on the market now.

Can anyone provide a very high level overview on the current state of Bitcoin/cyrptocurrencies etc? I see a few posts there about Gaming and AI coins, but I've never even heard of those.

I feel like I'm missing out and could be making some money on side 

[TabClear]

I must admit, I dont have the first clue about trading in crypto and I'm a million miles behind when it comes to what is on the market now.

Can anyone provide a very high level overview on the current state of Bitcoin/cyrptocurrencies etc? I see a few posts there about Gaming and AI coins, but I've never even heard of those.

I feel like I'm missing out and could be making some money on side 

If you can get them to explain what drives the value fluctuations as well I would be interested in hearing that.......

[trailer]

I must admit, I dont have the first clue about trading in crypto and I'm a million miles behind when it comes to what is on the market now.

Can anyone provide a very high level overview on the current state of Bitcoin/cyrptocurrencies etc? I see a few posts there about Gaming and AI coins, but I've never even heard of those.

I feel like I'm missing out and could be making some money on side 

The secret is that it absolutely doesn't matter. All the coins are absolute dung. They mean and do nothing. Complete made up shite. Anyone who says anything different is full of shite also.
If Bitcoin rises everything rises. If Bitcoin falls everything falls. The whole thing will tank in time but for now it looks like it's heading skywards.
Only put in what you can afford to lose. Look at the market cap. Lower the market cap the more chance it will 5x 10x.

[Mourne Red]

I must admit, I dont have the first clue about trading in crypto and I'm a million miles behind when it comes to what is on the market now.

Can anyone provide a very high level overview on the current state of Bitcoin/cyrptocurrencies etc? I see a few posts there about Gaming and AI coins, but I've never even heard of those.

I feel like I'm missing out and could be making some money on side 

The secret is that it absolutely doesn't matter. All the coins are absolute dung. They mean and do nothing. Complete made up shite. Anyone who says anything different is full of shite also.
If Bitcoin rises everything rises. If Bitcoin falls everything falls. The whole thing will tank in time but for now it looks like it's heading skywards.
Only put in what you can afford to lose. Look at the market cap. Lower the market cap the more chance it will 5x 10x.

While I agree most of it is shite, I only invested in coins whose tokenomics I liked. Not financial advice or to buy coins I have but couple of the coins I bought where Render/VRA.

Render I liked because it provides users who need extra GPU processing power from those who don't need it and pays those providing their GPU power with render coins. Mining Bitcoin uses a lot of GPU so that's why I bought it.

Then VRA is Proof of View so targets ad fraud and can tell if bots viewed something or real life people. Seeing as Ad fraud costs companies billions why I thought it.

As Trailer says though only put what you can afford to lose and pray to Mother Bitcoin to go to the moon so the money filters down.

[bennydorano]

Any experts out there think Bitcoin has topped out again? That was advice I was getting over the weekend

[trailer]

Any experts out there think Bitcoin has topped out again? That was advice I was getting over the weekend

It is meeting resistance at £37k £38k alright. I bought more this morning. It's up around 100% this past year.